Exxon Mobil Co. (NYSE:XOM) Shares Sold by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC reduced its position in Exxon Mobil Co. (NYSE:XOM) by 6.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,461 shares of the oil and gas company’s stock after selling 864 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in Exxon Mobil were worth $1,434,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of XOM. Fairway Wealth LLC acquired a new stake in Exxon Mobil during the 4th quarter worth approximately $31,000. Keystone Financial Group Inc. purchased a new stake in shares of Exxon Mobil during the fourth quarter worth $36,000. Retirement Wealth Solutions LLC acquired a new stake in shares of Exxon Mobil in the fourth quarter valued at $46,000. Compass Planning Associates Inc purchased a new position in Exxon Mobil in the fourth quarter valued at $47,000. Finally, Synergy Investment Management LLC acquired a new position in Exxon Mobil during the 4th quarter worth $47,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $108.33 on Wednesday. Exxon Mobil Co. has a 52-week low of $97.80 and a 52-week high of $126.34. The stock’s 50-day moving average price is $109.79 and its 200 day moving average price is $112.52. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $468.56 billion, a PE ratio of 13.82, a price-to-earnings-growth ratio of 3.02 and a beta of 0.61.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 31st. The oil and gas company reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period last year, the business posted $2.48 earnings per share. As a group, equities research analysts forecast that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 12th were issued a $0.99 dividend. This represents a $3.96 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend was Wednesday, February 12th. Exxon Mobil’s payout ratio is 50.51%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,100 shares of the business’s stock in a transaction that occurred on Tuesday, February 4th. The stock was sold at an average price of $110.00, for a total transaction of $231,000.00. Following the transaction, the vice president now owns 18,087 shares in the company, valued at approximately $1,989,570. The trade was a 10.40 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of several recent research reports. Royal Bank of Canada reiterated a “sector perform” rating and issued a $115.00 price objective on shares of Exxon Mobil in a research note on Monday, February 3rd. Morgan Stanley lowered their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. Bernstein Bank raised their price objective on shares of Exxon Mobil from $138.00 to $144.00 and gave the company an “overweight” rating in a report on Friday, January 31st. Truist Financial boosted their target price on shares of Exxon Mobil from $117.00 to $119.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. Finally, UBS Group cut their price target on Exxon Mobil from $135.00 to $131.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $126.75.

Exxon Mobil Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.